Avraham “Avi” Eisenberg, convicted of fraud and market manipulation using Mango Markets, will be sentenced on April 10.
In a document submitted to the U.S. District Court for the Southern District of New York (SDNY) on January 8, Judge Arun Subramanian postponed Eisenberg's sentencing hearing to April 10 at the request of Eisenberg's attorney. He was initially scheduled to be sentenced at a hearing on December 12, which was later postponed to February 11 due to a conviction in April 2024.
The legal team for the Mango Markets attacker requested a delay on January 7 due to the 'complexity of the factual record of the case and some sentencing issues.' The U.S. Attorney's Office did not oppose this change. (Cointelegraph)

Last April, a Manhattan jury found cryptocurrency trader Avi Eisenberg guilty of fraud and market manipulation after he stole $110 million from the decentralized finance protocol Mango Markets in October 2022. Eisenberg was arrested in December 2022 in Puerto Rico and charged with offenses including commodity fraud, commodity manipulation, and wire fraud.